The Jordan Co. announced that it has acquired a 75% stake in Zest Anchors, an Escondido, Calif.-based manufacturer of dental attachments. No financial terms were disclosed. peHUB previously reported on the deal.
3 min read · 08 January 2010
3 min read · 08 January 2010
1 min read · 08 January 2010
1 min read · 08 January 2010
Bay Grove Capital has acquired Cityice Cold Storage, a Seattle-based provider of cold storage warehouse services. No pricing terms were disclosed for the deal, which was financed by Chase Commercial Banking. Cityice will operate under the West Coast Cold LLC holding company, which also oversees Bay Grove portfolio company Seafreeze Cold Storage.
4 min read · 08 January 2010
Rockbridge Growth Equity has acquired Protect America Inc., a Texas-based provider of self-installed monitored alarm systems. No pricing terms were disclosed. Falcon Investments provided an equity co-investment, while CapitalSource led the senior financing that also included of America Merrill Lynch and Goldman Sachs. Imperial Capital andRooney & Associates represented Protect America on the sale.
3 min read · 08 January 2010
2 min read · 08 January 2010
6 min read · 08 January 2010
Lawson Software (Nasdaq: LWSN) has agreed to acquire Healthvision Solutions Inc., a Dallas-based provider of integration and application technology to hospitals and large healthcare organizations. The deal is valued at $160 million in cash, and is expected to close later this quarter. Battery Ventures took a company called Quovadx private in 2007 for $136.7 million, and split most of it into two companies: Healthvision and Rogue Wave Software (which Battery still holds as a portfolio company). No word on how much of the $136.7 million was considered Healthvision cost basis. You can watch a video about the deal here.
5 min read · 07 January 2010
Persistence Capital Partners, a Canadian private equity firm focused on the healthcare services sector, has held a second close on more than C$65 million for its debut fund.
1 min read · 07 January 2010
